I'm expecting one more leg

    Posted by fredsaid on 24th of Mar 2023 at 10:40 am

    I'm expecting one more leg push up into the Euro close and then the Friday Flush into the close... no one wants to hold banks into the weekend.   If the banks super tank into the close then it may be a good idea to close the bank shorts because we can likely expect the super bailout talks on Monday morning which will bounce the banks and tank the QQQs.   On the other hand if we just hang around here (flat to green), then the fireworks will be postponed till next week as sell the banks and buy the qqqs nonsense continues.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!